Business & Finance
Net Zero Technology Centre awards grant for innovative subsea data technology
Aberdeen-headquartered digital twin technology firm Eserv has secured a six-figure funding grant from the Net Zero Technology Centre to develop a multi-resolution, multi-format asset integrity visualisation system for the subsea energy sector. The 12-month R&D project will see Eserv building a proto
Masdar eyes green hydrogen production in Suez Canal
Abu Dhabi’s renewable energy company Masdar and investment platform Hassan Allam Utilities have signed two memorandums of understanding (MoUs) to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone (SCZone) and on the Mediterranean coast.
Ocyan rig days away from starting field revitalisation gig for PetroRio
PetroRio is gearing up to start a revitalisation campaign off Brazil after the country’s regulator approved its drilling programme.
Oceaneering renews charter agreement for 78-meter ultra-light intervention vessel
Bordelon Marine has renewed the charter agreement with Oceaneering for the Jones Act-compliant ultra-light intervention vessel MV Brandon Bordelon. The charter agreement renewal began in February and is for an additional two-year firm term. MV Brandon Bordelon is mobilized with two Oceaneering Mille
Three Jones Act-compliant offshore vessels joining U.S. operator’s fleet
U.S.-based Guice Offshore has expanded its fleet to ten vessels, following the acquisition of three Jones Act-qualified vessels.
U.S. player kicks off production from second Gabon well in 2022
Vaalco Energy has brought on stream its second well in the 2021/2022 four-well drilling campaign off Gabon with strong initial flow rates.
Three players to pool resources for Thai carbon capture and storage project
Inpex, PTTEP, and JGC have joined forces to explore the potential development of a carbon capture and storage (CCS) project in Thailand.
Activists block Russian oil tanker in Norwegian port, calling on govt to ‘stop fueling the war’
Activists are blocking a Russian tanker from offloading oil in Norway, calling on the government to ban the imports of Russian fossil fuels.
M-SParc to manage offshore energy supply chain cluster in North Wales
Wales’ first science park for innovation Menai Science Park (M-SParc) has been chosen as the accountable body for the Offshore Energy Alliance – a supply chain cluster established to take advantage of the opportunities offered by offshore energy in North Wales.
Seadrill drillship bags 10-well job in Angola
Offshore drilling contractor Seadrill has announced a new contract has been secured by Sonadrill, Seadrill’s 50:50 joint venture with an affiliate of Angola’s Sonangol. Sonadrill has secured a 10-well contract with options for up to 8 additional wells in Angola for the West Gemini drillship, Seadril
Shell gets closer to drilling North Sea gas target this year
Shell and Deltic Energy are planning to drill an exploration well on the Pensacola gas prospect in the UK North Sea later this year.
World-first certificate for operating uncrewed surface vessels awarded to Fugro
Fugro has received what is said to be the world’s first professional certificate to operate uncrewed surface vessels (USVs). The company’s Middle East office personnel completed the world’s first Maritime Autonomous Surface Systems (MASS) professional certified training delivered by SeaBot XR at its
Svitzer’s carbon-neutral towage service to be available to 250+ ship owners and operators
Svitzer, a towage operator and part of A.P. Moller-Maersk, has entered into a partnership with PortsDirect, a company for the structured procurement of discounted rate agreements with port services providers.
Guyana sells its first share of crude oil from its second offshore project to ExxonMobil
The Government of Guyana expected to receive its first entitlement lift of the Unity Gold crude from the Liza Unity FPSO over the weekend.